Finding the top is easier than the bottom
Obviously finding the exact price point is near impossible. But you know when it’s the top in your brain. Tom Brady puts on laser eyes, Matt Damon is doing a crypto commercial. Girls are selling nft’s of their farts. Your co worker who’s never invested in his life asks if you’ve heard of ethereum.
The bottom is more difficult. There’s a huge price difference between 75 and 95 percent off all time high. Especially when crypto is a slave to the stock market. The stock market can’t bottom until inflation peaks and they stop with rate hikes. Guessing a date is impossible. Everyone has their own strategy. I personally don’t like to blindly DCA into to riskiest asset class when it’s a risk off environment and the US dollar is ripping. I’ll be patiently stacking up fiat and be ready to invest a lump sum when I see a reversal in the macro view of the economy. Whether that’s one month or 2 years.
submitted by /u/Additional-Apple-492
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